For Sale: Minneapolis MLS# 7021187
Active
NEW!
$489,000
Multi-family: Triplex
5 br • 3 ba • Built 1904
2,904 sqft • 0.2 acres
MLS# 7021187
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Property Description
Rare Queen Ann style triplex investment opportunity in NE Mpls by the Quarry! Great location, This is one not to miss.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$489,000
Price per sq ft:
$168
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1904
State:
MN
Property Style:
Triplex
Zip Code:
55418
Neighborhood/Area:
87
Subdivision Name:
Highland Home Add
Interior
Bedrooms:
5
Bathrooms:
3
Finished Area:
2,904 ft2
Living Area:
2,904 ft2
Refrigerators:
Three
Basement Details:
- Full
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
1,398 ft2
Fencing:
Chain Link
Handicap Accessible:
Doors 36"+
Heating System:
- Baseboard
- Forced Air
Road Frontage:
City Street
Pool:
None
Roof Details:
- Age Over 8 Years
- Asphalt
Rooms
Laundry:
- In Basement
- In Unit
Lot & Land
Acres:
0.2
Geolocation:
45.008964, -93.23626
Lot Dimensions:
68 x 127
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
$500
Annual Electric Expense:
None
Annual Fuel Expense:
$2,000
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
$900
Annual Trash Expense:
$1,000
Annual Water/Sewer Expense:
$1,700
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,861
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,322
Income
Annual Gross Income:
$53,040
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Assembly MN LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.